XML 110 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and Cash Equivalents $ 420 $ 379
Accounts Receivable, net of allowances in 2013 and 2012, respectively 1,457 1,069
Tax Receivable 226 227
Unbilled Revenues 265 314
Fuel 318 583
Materials and Supplies, net 436 422
Prepayments 87 283
Derivative Contracts 77 138
Deferred Income Taxes 38 49
Regulatory Assets 282 349
Other 50 56
Total Current Assets 3,656 3,869
PROPERTY, PLANT AND EQUIPMENT 27,932 27,402
Less: Accumulated Depreciation and Amortization (7,807) (7,666)
Net Property, Plant and Equipment 20,125 19,736
NONCURRENT ASSETS    
Regulatory Assets, Noncurrent 3,643 3,830
Regulatory Assets of Variable Interest Entities (VIEs) 658 713
Long-Term Investments 1,320 1,324
Nuclear Decommissioning Trust (NDT) Fund 1,602 1,540
Other Special Funds 202 191
Goodwill 16 16
Other Intangibles 37 34
Derivative Contracts 102 153
Restricted Cash of VIEs 22 23
Other 329 296
Total Noncurrent Assets 7,931 8,120
Total Assets 31,712 31,725
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 876 1,026
Securitization Debt of VIEs Due Within One Year 229 226
Commercial Paper and Loans 165 263
Accounts Payable 1,078 1,304
Derivative Contracts 27 46
Accrued Interest 114 91
Accrued Taxes 92 17
Deferred Income Taxes 10 72
Clean Energy Program 92 153
Obligation to Return Cash Collateral 125 122
Regulatory Liabilities 120 67
Other 478 390
Total Current Liabilities 3,406 3,777
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 6,604 6,542
Regulatory Liabilities 245 209
Regulatory Liabilities of VIEs 10 10
Asset Retirement Obligations 636 627
Other Postretirement Benefit (OPEB) Costs 1,270 1,285
Accrued Pension Costs 724 876
Environmental Costs 464 537
Derivative Contracts 123 122
Long-Term Accrued Taxes 160 164
Other 114 108
Total Noncurrent Liabilities 10,350 10,480
LONG-TERM DEBT    
Long-Term Debt 6,542 6,148
Securitization Debt of VIEs 442 496
Project Level, Non-Recourse Debt 25 43
Total Long-Term Debt 7,009 6,687
STOCKHOLDER'S EQUITY    
Common Stock 4,833 4,833
Treasury Stock, at cost, 2013-27,692,398 shares; 2012-27,664,188 shares (612) (607)
Retained Earnings 7,080 6,942
Accumulated Other Comprehensive Income (355) (388)
Total Common Stockholders' Equity 10,946 10,780
Noncontrolling Interest 1 1
Total Stockholder's Equity 10,947 10,781
Total Capitalization 17,956 17,468
TOTAL LIABILITIES AND CAPITALIZATION 31,712 31,725
Power [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 6 7
Accounts Receivable, net of allowances in 2013 and 2012, respectively 405 269
Accounts Receivable-Affiliated Companies, net 170 340
Short-Term Loan to Affiliate 748 574
Fuel 318 583
Materials and Supplies, net 313 307
Prepayments 11 17
Derivative Contracts 52 118
Deferred Income Taxes 28 0
Other 1 19
Total Current Assets 2,052 2,234
PROPERTY, PLANT AND EQUIPMENT 9,786 9,697
Less: Accumulated Depreciation and Amortization (2,793) (2,679)
Net Property, Plant and Equipment 6,993 7,018
NONCURRENT ASSETS    
Nuclear Decommissioning Trust (NDT) Fund 1,602 1,540
Other Special Funds 38 36
Goodwill 16 16
Other Intangibles 38 34
Derivative Contracts 6 49
Other 120 105
Total Noncurrent Assets 1,820 1,780
Total Assets 10,865 11,032
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 300 300
Accounts Payable 408 498
Derivative Contracts 27 46
Accrued Interest 41 26
Deferred Income Taxes 0 16
Other 96 81
Total Current Liabilities 872 967
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 1,628 1,575
Asset Retirement Obligations 374 369
Other Postretirement Benefit (OPEB) Costs 224 221
Accrued Pension Costs 230 272
Derivative Contracts 14 15
Long-Term Accrued Taxes 38 50
Other 87 84
Total Noncurrent Liabilities 2,595 2,586
LONG-TERM DEBT    
Total Long-Term Debt 2,040 2,040
STOCKHOLDER'S EQUITY    
Contributed Capital 2,028 2,028
Basis Adjustment (986) (986)
Retained Earnings 4,612 4,725
Accumulated Other Comprehensive Income (296) (328)
Total Stockholder's Equity 5,358 5,439
TOTAL LIABILITIES AND CAPITALIZATION 10,865 11,032
PSE And G [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 61 116
Accounts Receivable, net of allowances in 2013 and 2012, respectively 1,032 783
Unbilled Revenues 265 314
Materials and Supplies, net 121 114
Prepayments 9 29
Derivative Contracts 10 5
Deferred Income Taxes 38 49
Regulatory Assets 282 349
Other 15 24
Total Current Assets 1,833 1,783
PROPERTY, PLANT AND EQUIPMENT 17,494 17,006
Less: Accumulated Depreciation and Amortization (4,780) (4,726)
Net Property, Plant and Equipment 12,714 12,280
NONCURRENT ASSETS    
Regulatory Assets, Noncurrent 3,643 3,830
Regulatory Assets of Variable Interest Entities (VIEs) 658 713
Long-Term Investments 361 348
Other Special Funds 61 61
Derivative Contracts 59 62
Restricted Cash of VIEs 22 23
Other 137 123
Total Noncurrent Assets 4,941 5,160
Total Assets 19,488 19,223
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 575 725
Securitization Debt of VIEs Due Within One Year 229 226
Commercial Paper and Loans 165 263
Accounts Payable 539 630
Accounts Payable-Affiliated Companies, net 89 73
Accrued Interest 73 65
Deferred Income Taxes 43 60
Clean Energy Program 92 153
Obligation to Return Cash Collateral 125 122
Regulatory Liabilities 120 67
Other 351 269
Total Current Liabilities 2,401 2,653
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 4,249 4,223
Regulatory Liabilities 245 209
Regulatory Liabilities of VIEs 10 10
Asset Retirement Obligations 254 250
Other Postretirement Benefit (OPEB) Costs 992 1,011
Accrued Pension Costs 369 463
Environmental Costs 413 486
Derivative Contracts 109 107
Long-Term Accrued Taxes 39 32
Other 44 38
Total Noncurrent Liabilities 6,724 6,829
LONG-TERM DEBT    
Long-Term Debt 4,467 4,070
Securitization Debt of VIEs 442 496
Total Long-Term Debt 4,909 4,566
STOCKHOLDER'S EQUITY    
Common Stock 892 892
Contributed Capital 520 420
Basis Adjustment 986 986
Retained Earnings 3,054 2,875
Accumulated Other Comprehensive Income 2 2
Total Stockholder's Equity 5,454 5,175
Total Capitalization 10,363 9,741
TOTAL LIABILITIES AND CAPITALIZATION $ 19,488 $ 19,223